Sentul City Gains Most in Nearly Two Months After ‘Buy’ Rating

PT Sentul City advanced the most in nearly two months in Jakarta trading after PT Mandiri Sekuritas initiated coverage on the Indonesian property developer with a “buy” rating and a share-price estimate of 400 rupiah.

Sentul City rose 11 percent to 260 rupiah as of 1:47 p.m. local time, set for the steepest increase since Aug. 25.

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